How to Deposit DEGEN on OKX? Base Chain Meme Token Tutorial
To deposit DEGEN into OKX, you need to deposit the ERC-20 token DEGEN on the Base chain. The most critical step: when generating a deposit address on OKX, the network must be Base; when sending from your wallet, you must also use the Base network. Choosing the wrong chain will result in permanent loss of assets.
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Pre-deposit Preparation: Confirm Your DEGEN Is on the Base Chain
DEGEN is an OG-level meme token on the Base chain, launched in January 2024. Its contract address is 0x4ed4E862860beD51a9570b96d89aF5E1B0Efefed. The vast majority of DEGEN tokens in wallets are ERC-20 tokens on the Base chain.
Step 1: Verify the network of your DEGEN
What to do: Open the wallet where you hold DEGEN and check which network it is displayed under.
How to do it:
If the displayed network is Base or Base Mainnet, your tokens are correct and you can proceed.
If it shows a different network (such as Ethereum mainnet), you likely hold a different token with the same name, not the one we are referring to here. The name DEGEN is used by projects on multiple chains; always verify.
When is this step complete: You have confirmed that your wallet shows the Base network and you can see your DEGEN balance.
Prerequisites: You have registered and completed OKX identity verification (KYC). Unverified accounts cannot deposit normally.
Step 1: Generate a DEGEN Deposit Address on the Base Chain on OKX
Step 2: Enter the deposit page and select DEGEN
What to do: Open the OKX app or website and go to Assets → Deposit.
How to do it:
App: Bottom tab "Assets" → "Deposit" → search for "DEGEN".
When is this step complete: You have reached the DEGEN deposit details page.
Step 3: Select Base as the deposit network (extremely important)
What to do: In the deposit network options, select Base or Base Network.
How to do it: DEGEN is a token issued on the Base blockchain; the deposit network must be Base. After selection, a 0x-prefixed Base chain address will be generated on the page.
When is this step complete: You have copied the Base network deposit address generated by OKX.
Warning: Do not select Ethereum (ERC20), BNB Smart Chain, or any other network. DEGEN only holds value on the Base chain; depositing via the wrong network will cause permanent loss of assets.
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Step 2: Initiate the Transfer from Your Wallet (via Base Network)
Step 4: Initiate the transfer in your wallet
What to do: Open the Web3 wallet that holds your DEGEN, select the DEGEN asset, and tap "Send" or "Transfer".
How to do it:
Paste the Base deposit address you just copied from OKX.
Make absolutely sure the network is Base.
Enter the amount you wish to send.
Submit the transaction and pay the Base chain gas fee (denominated in ETH).
When is this step complete: Your wallet indicates that the transaction has been broadcast and provides a transaction hash (TxID).
Step 5: Wait for the deposit to arrive
What to do: Wait for blockchain confirmations.
How to do it: Base chain confirmation time is usually within a few minutes. You can check the real-time status in OKX under "Assets" → "Deposit History".
When is this step complete: Your OKX account's DEGEN balance has increased.
Risk reminders:
The network is the biggest risk: To deposit DEGEN on OKX, you must select the Base network. Absolutely do not deposit via Ethereum mainnet or other chains; assets sent on the wrong chain cannot be recovered.
Verify the contract address: The official contract address for DEGEN on Base is 0x4ed4E862860beD51a9570b96d89aF5E1B0Efefed. Before depositing, make sure the DEGEN in your wallet matches this address.
Test with a small amount first: Send a small amount of DEGEN first to test the process, then transfer larger sums only after confirming arrival.
How to confirm your deposit was successful after these steps?
Open the OKX app, go to "Assets" → "Funding Account", and check whether your DEGEN balance has increased. Then go to "Deposit History" and confirm the status is "Completed". If it has not arrived after more than 30 minutes, use the TxID to contact OKX customer support.
